The chief executives of McDonald's and Starbucks earn more than $9,200 an hour, which is at least 1,000 times the hourly wages of their sales associates, according to a new report by the personal finance website NerdWallet.

Out of those 10 companies, median CEO pay on an hourly basis was calculated as $7,334, compared to $8.73 for sales associates. NerdWallet reviewed 100 companies for the report and selected the 10 that had the highest annual CEO pay to compare the disparities.

CEO pay was calculated by dividing each chief executive's total compensation (as reported in the company's annual proxy statement) by 60 hours a week times 50 weeks per year. Sales associates' wage information was obtained from Glassdoor.com.
The NerdWallet study comes as employees of fast food and retail chains have been staging a series of demonstrations and strikes demanding better pay.

After a resurgence in turnover, due to the release of Aussie-style angus beef burgers here in the land of Oz, maccas is actually employing research teams to try and regain some market share. They are all over the shop recently, with chicken wraps, packaged salads, and gourmet coffee deals.

I bet they work more than 60 hours. Many first-year bankers on Wall Street work around 80 hours or more, and I'd imagine CEOs work around 70 hours, though I'm not sure. Also, those are very valuable and stressful minutes, whereas those for lower employees aren't.